What are the factors to consider when choosing a B-school?

Several factors should be considered when choosing a B-school, including: Ranking and reputation: While not the sole factor, the ranking of a B-school can give you an idea of its quality and standing in the industry. Specialization: Choose a B-school that offers specializations aligned with your career goals. Fees and scholarships: B-schools can be expensive, so consider the fees and available scholarships before making a decision. Faculty and student quality: The quality of faculty and students can significantly impact your learning experience. Placement record: A good placement record indicates the B-school's ability to help its graduates find jobs. Location and campus infrastructure: Consider the location of the B-school and the facilities it offers.

What are the career options after graduating from a top B-school?

Graduates of top B-schools have a wide range of career options across various industries, including: Consulting Finance Investment banking Marketing Operations Human resources Entrepreneurship

What are the average salaries offered to graduates of top B-schools?

Graduates of top B-schools in India typically command high salaries. The average salary can vary depending on the B-school, specialization, and industry. However, graduates of top B-schools can expect to earn starting salaries of ₹15-20 lakhs per annum or even higher.

Top B-schools in India 2023: Entrance Exam and Admission Details

List of top B-schools in India 2023 include IIM Ahmedabad, IIM Bangalore, and IIM Calcutta etc. The students can choose one of the best amonst the list 10 schools to pursue their management education for the academic session 2023 to 25.

IIM Ahmedabad, IIM Bangalore, XLRI Jamshedpur, IIT Bombay are a few on the list of the top B-schools in India 2023. CAT, XAT, CMAT are the main accepting exams admissions for MBA in these top B-schools.

Apart from this, the top recruiters of these colleges include Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc.

Table of Content

List of the Top 10 B-Schools in India 2023
List of All the Major Top Business Management Schools in India
Top B-Schools in India Admission and Entrance Exams

List of the Top 10 B-Schools in India 2023

Before taking admission to the top B-schools, candidates should know the colleges that have a high ranking. The top B-schools in India 2023 are listed below:

NIRF 2023 Rank	Name	Location
1	IIM Ahmedabad	Gujarat
2	IIM Bangalore	Karnataka
3	IIM Kozhikode	Kerala
4	IIM Calcutta	West Bengal
5	IIT Delhi	Delhi
6	IIM Lucknow	Uttar Pradesh
7	National Institute of Training in Industrial Engineering	Mumbai
8	IIM Indore	Madhya Pradesh
9	XLRI Jamshedpur	Jharkhand
10	IIT Bombay	Maharashtra

1. IIM Ahmedabad

IIM Ahmedabad was placed in the 87th position from 100 in the Financial Times Global MBA Ranking 2021. In addition, both Business Today and Outlook magazine have ranked it the top business school in the country. It has maintained its position as number one in the NIRF Rankings for many years, apart from its 2019 rank being number two.

IIMA is known for its well-developed academic curriculum, global outreach, 100% placements, highly distinguished faculty, and much more. It is the dream B-school of numerous aspirants all across India. Its Red Brick Summit fest is attended by the most prestigious B-schools across the country as well.

2. IIM Bangalore

For IIM Bangalore the ranking given by NIRF has put it at number two in the list of the top B-schools in India, another ranking by Eduniversal, Paris placed it as number one in both India and central Asia in 2021. It ranks highly among the top global business schools and has been praised for its positive impact on the industry.

Its two-year MBA program is rated highly with a 33rd rank in the QS World Masters in Management ranking 2022. It is also highly acclaimed for its placement drives and career roles, with over 100 companies visiting annually to recruit students for various roles.

Read more: IIM Bangalore Almuni

3. IIM Kozhikode

Standing third among the management education institutions in India overall is IIM Kozhikode. It is an IIM that has featured in nearly all business magazines for its excellent management and academics. IIM Kozhikode is also known for offering a postgraduate program in business leadership which is unique among its compatriots.

A small satellite campus, the Kochi campus, is affiliated with IIM Kozhikode. It is made to target middle and senior-level executives.

Read more: Online MBA from IIM

4. IIM Calcutta

IIM Calcutta is ranked 76th by the Global MBA Ranking 2022. The NIRF 2023 has given 4th rank to IIM Calcultta in the Management category.

IIM Calcutta happens to be the first B-school in India as well to become triple-accredited by three internationally famous accreditation organizations, namely AACSB, EQUIS, and AMBA. IIM Calcutta also enjoys the distinction of being a member of the Global Alliance in Management Education (CEMS).

Read more: Why MBA from IIM so Special?

5. IIT Delhi

The department of Management Studies or DMS IIT Delhi is ranked fifth among the management institutes of the country by NIRF in 2023. It was introduced to tackle the constantly changing face of the business world and provide students with the necessary skills to face such challenges.

It aims to create holistic managers who are trained and supported by experienced teachers from India and other countries. The students are granted admission only after a rigorous selection process as well.

Read more: IIT Delhi Alumni

6. IIM Lucknow

Ranked 6th in the Best Business-Schools in India category by NIRF in 2023, IIM Lucknow is a management institution of great renown. As the first IIM in the country to set up a satellite campus for executive education, it molds its students to become visionaries, leaders, and global players.

IIM Lucknow is well-known for its social initiatives and its support of NGOs. It has led various CSR activities and has put a great focus on ensuring that students are aware of and respect business ethics.

Read more: Certificate Courses from IIM

7. National Institute of Training in Industrial Engineering

NITIE has ranked in 7th position by NIRF 2023 in the Management category. The learning centre is located in Mumbai. There are over 950 students enrolled into the institution each year who are facilitated by 70 faculty members with sound subject knowledge.

The average fees of the MBA course with a 2-years curriculum is Rs.1,85,000.

Read More: NITIE Mumbai GATE Expected Cutoff

8. IIM Indore

Outlook India placed IIM Indore at number three in 2022 in all the business schools of this country. Not to be outdone, NIRF 2023 ranked it as 8th among the Top Business Schools in India. AMBA accredits IIM Indore in the UK for its PGP program in management.

IIM Indore is additionally among the fastest-growing institutions in India today. For many years now, its growth has led to an increase in international expansion, introducing new programs, infrastructure facilities, strengthening of manpower, etc.

Read more: IIM Admission Criteria

9. XLRI Jamshedpur

The Week rated XLRI Jamshedpur as the number one B-school in the country and third in the All India category. In 2023, Outlook India also rated it as the number four Private B-School in India. XLRI Jamshedpur might be a private college, but it stands out even among the best college for management regardless.

It is the oldest management school in India. Not limited to the country, it has one of the best global outreach programs of all management schools named in this list.

Read more: XLRI vs FMS

10. IIT Bombay

Powai, Bombay, is home to the IIT Bombay. It was established in 1958. Since then, it has grown into one of India's top technical colleges. In collaboration with several renowned national and international universities and institutions, IIT Bombay conducts research and education.

Research has been conducted internationally by the faculty of IIT Bombay. Students of this institute reside in 15 hostels providing all the amenities they need. A distance education program is also available.

Read more: IIT Bombay Almuni

List of All the Major Top Business Management Schools in India

MBA has great potential in India for various opportunities. It is a very popular course, which every candidate aspires to complete. Having an MBA degree is nice, but having a degree from the top B-schools in India is a life-changing experience.

No wonder every student faces heavy competition in their race for the best B-schools in the country. Check below to find the names of these B-schools except the ones already discussed above.

Read More: Low Fees MBS Colleges in India

Top B-Schools in India Admission and Entrance Exams

Candidates need to fit in the eligibility conditions to take admission into the top B-schools in India. Candidates failing to qualify for such will not be allowed to take admission. They should note that every B-school has different eligibility criteria.

The general eligibility criteria for management studies are provided below.

General category candidates should have qualified for their graduation with at least a minimum of 50% marks from a recognized board/university.
Candidates who belong to the reserved category (SC/ST) should have cleared their exams with at least 45% marks from a recognized board/university.
Candidates have to qualify in the required entrance exam of the specific college to get admission. (CAT, XAT, CMAT, SNAP, etc.)

Read More: CAT vs CMAT vs NAMT vs MAT

To take admission in the top B-schools in India, candidates have to appear and qualify for the required entrance examination. Below mentioned are some of the famous entrance exams conducted for admission into the top B-schools in India.

CAT (Common Admission Test)

CAT is the most popular and competitive exam for MBA. Candidates can get admission into IIMs and other top B-schools in India. It is conducted every year.

XAT (Xaviers Aptitude Test)

XAT is the second most popular exam for MBA admissions. It is considered for various B-schools. The XAT exam is conducted by the Xavier Association of Management Institutes (XAMI) every year for admission into XLRI Jamshedpur primarily.

CMAT (Common Management Admission Test)

CMAT is an all-India level examination for admission in top B-schools in India. It is also one of the popular exams for MBA admissions.

MAT (Management Aptitude Test)

MAT is a popular management exam conducted four times a year (February, May, September, and December). The top B-schools accept the scores of this exam in India and other management institutes.